Market Overview for April, 2026
Median Sale Price
-14.3% YoY
Median Price/Sqft
-5.1% YoY
No. of Transactions
34.8% YoY
Brooklyn Median Sale Price
3% YoY
What is the median sale price and median price per sq ft in Sheepshead Bay?
The median home sale price in Sheepshead Bay as of April was $450K, down 14.3% year-over-year.
A total of 31 assets were sold, representing a 34.8% growth compared to April last year.
The median price per square foot was $503, a -5.1% YoY change.
In April, the median home sale price in Brooklyn was $850K.
Top most expensive neighborhoods in Brooklyn
Sheepshead Bay median price compared with other neighborhoods in Brooklyn
Property values in Sheepshead Bay are lower compared to the borough of Sheepshead Bay overall.
Sheepshead Bay median price compared with all the neighborhoods in Brooklyn
| Neighborhood | Borough | Median Sale Price |
|---|---|---|
| Carroll Gardens | Brooklyn | $2,500,000 |
| DUMBO | Brooklyn | $2,405,000 |
| Park Slope | Brooklyn | $1,900,000 |
| Boerum Hill | Brooklyn | $1,637,500 |
| Prospect Heights | Brooklyn | $1,622,000 |
| Greenpoint | Brooklyn | $1,574,900 |
| Brooklyn Heights | Brooklyn | $1,360,000 |
| Williamsburg | Brooklyn | $1,245,000 |
| Gowanus | Brooklyn | $1,200,000 |
| Greenwood Heights | Brooklyn | $1,195,000 |
| Borough Park | Brooklyn | $1,149,500 |
| Windsor Terrace | Brooklyn | $1,125,000 |
| Crown Heights | Brooklyn | $1,124,999 |
| Bedford-Stuyvesant | Brooklyn | $1,082,500 |
| Wingate | Brooklyn | $1,077,500 |
| Manhattan Beach | Brooklyn | $1,037,500 |
| Madison | Brooklyn | $985,000 |
| Bath Beach | Brooklyn | $970,000 |
| Clinton Hill | Brooklyn | $925,000 |
| Ocean Hill | Brooklyn | $885,000 |
| Homecrest | Brooklyn | $877,500 |
| Downtown Brooklyn | Brooklyn | $853,500 |
| Ditmas Park | Brooklyn | $853,500 |
| Bushwick | Brooklyn | $845,000 |
| Fort Greene | Brooklyn | $775,000 |
| Marine Park | Brooklyn | $772,500 |
| Prospect - Lefferts Gardens | Brooklyn | $765,000 |
| Dyker Heights | Brooklyn | $751,843 |
| East Flatbush | Brooklyn | $725,000 |
| Cobble Hill | Brooklyn | $710,000 |
| Kensington | Brooklyn | $651,680 |
| Bensonhurst | Brooklyn | $620,000 |
| Old Mill Basin | Brooklyn | $600,000 |
| Brownsville | Brooklyn | $584,000 |
| Bay Ridge | Brooklyn | $530,440 |
| Sunset Park | Brooklyn | $527,500 |
| Brighton Beach | Brooklyn | $500,000 |
| Canarsie | Brooklyn | $494,000 |
| Gravesend | Brooklyn | $485,000 |
| Gerritsen Beach | Brooklyn | $484,500 |
| East New York | Brooklyn | $476,455 |
| Midwood | Brooklyn | $460,580 |
| Sheepshead Bay | Brooklyn | $450,000 |
| Flatbush | Brooklyn | $440,000 |
| Coney Island | Brooklyn | $395,000 |
| Georgetown | Brooklyn | $321,000 |
| Flatlands | Brooklyn | $280,000 |
Residential Properties Sold in Sheepshead Bay
| Property Type | Median sale price | Y-o-Y | Median sale price/sqft | Y-o-Y | Transactions |
| Condos | $692K | -5.1% | $624 | 13.7% | 5 |
| Coops | $244K | -11.9% | $264 | -5.6% | 16 |
| Houses | $895K | 18.5% | $500 | -14.3% | 9 |
The median house sale price in Sheepshead Bay in April was $895K, up 18.5% year-over-year. Conversely, median condo prices in Sheepshead Bay trended down 5.1% year-over-year to $692K. Median coop sale price in Sheepshead Bay were $244K, a change of -11.9% year-over-year.
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Sheepshead Bay Neighborhood Guide
Sheepshead Bay, which is named for the bay that separates Brooklyn from Coney Island, is a quiet neighborhood with many locally owned stores and restaurants. For many residents of New York City, it's an off the radar spot that's neither the safest nor the most dangerous neighborhood, and doesn't have the best commuting options but doesn't have the worst either. In short, it's ready for a revival and developers are taking notice. This neighborhood of just over 100,000 residents is expected to grow in the coming decade.
Architecture and landmarks
There is a variety of housing styles in Sheepshead Bay, with the most prevalent ranging from low-rise apartments to brick row houses, with some large private homes mixed in. Residents are taking note of newer residential and commercial spaces being built, like a 30-story mixed-use tower that's expected to be the tallest building built in Brooklyn since before the Second World War. Sheepshead Bay is located on the waterfront, which means that many homes and businesses have incredible views of the water, local fishing boats, and more. This harbor was actually the first spot in New York City to be home to party boats, and some of those are still dotting the shore with lights flashing all night long. This neighborhood is also home to the only public memorial to the holocaust in the state of New York.
Transport
Sheepshead Bay is accessible by the BMT Brighton Line, both the B and Q trains, at Avenue U, Neck Road and Sheepshead Bay stations. There are also a number of bus options in the area. Parking is very difficult and most people don't own cars in this neighborhood.
Schools
There are a number of public schools serving the community, including IS 98 Bay Academy, JHS 14 Shellbank Intermediate School, and four public elementary schools. Other options include private schools like St. Edmund Prep School, St. Mark's School, and the Brooklyn Amity School.
Health
Though there is no hospital within Sheepshead Bay itself, there are nearby hospitals in Midwood (New York Community Hospital) and Marine Park (Mount Sinai Brooklyn). Residents have plenty of local doctors and urgent care clinics within the neighborhood.
Safety
Sheepshead Bay falls under the 61st Precinct of the New York Police Department, which saw an average of 7.36 crimes per 1,000 residents in 2016. This makes it one of the safest neighborhoods not just in Brooklyn but in all New York City.
Things to do
Park Slope is home to many of the city's best dining options, including Al Di La, a trattoria with a long history of serving excellent Northern Italian fare; Franny's, with their world-famous pizza; and Rose Water, where the focus is on local, organic ingredients. There are many quick eats available too, including Bagel Hole with their fist-sized bagels; Bklyn Larder, home of specialty meats, cheeses, and sorbet,; and Meltkraft, an artisan grilled cheese station. Park Luncheonette has been a busy eatery since the 1930s and there are numerous Asian restaurants in the neighborhood too, including Little Dokebi.
Thirsty residents and visitors to Park Slope can visit a bar with any type of vibe they're interested in. The Gate is one of the longest standing neighborhood bars, with an incredible outdoor patio; High Dive is known for its free popcorn and wide assortment of board games; and Mission Dolores offers an extensive list of draft beers alongside pinball machines.
There are a surprising number of unique music venues in the neighborhood, including the Rock Shop; Union Hall with their weekly comedy/karaoke hybrid show; Barbes with their soul party every Tuesday; and Freddy's, a divey spot for live music and unique decor. In nearby Gowanus, visitors can check out the Bell House, a relatively small space that hosts big acts like Louis C.K. and Yo La Tengo. The largest green space in Park Slope, Prospect Park, was designed by the same team that designed Central Park. There are a number of attractions there, including a zoo, the only natural forest in Brooklyn, an ice skating facility that's open all year long, and a dog beach.